David Ricardo

The Lawsuit That Could Bring Down the NCAA

The storm that’s slowly rolling toward Indianapolis quietly gained strength this week with the filing of several devastating documents in a federal court in California. If it stays on course, it’s going to hit with biblical force, reducing the National Collegiate Athletic Association to a heap of rubble.

Six Reasons for U.S. to Abandon Free-Trade Myth: Ian Fletcher

The price of living in the fantasy world of free-trade economics continues to rise for America.

Metal Benders Given One-Way Ticket Out of U.S.: Caroline Baum

In recent decades, U.S. presidents, especially those confronted with a lousy economy and looming election, have used Labor Day to talk about restoring American manufacturing to its former glory.

Five Things Republicans Won’t Tell You

Mitt Romney passed the likeability test at the first presidential debate on both an absolute and a relative basis. It wasn’t even a contest between the Republican nominee and the Barack Obama impersonator who showed up to play the president in Denver on Oct. 3.

Manchester Squalor Gave Marx’s Theories Human Form: Mary Gabriel

In the spring before he and Friedrich Engels left for England, Karl Marx began sketching out ideas for a book they would write together that would get them past the “theoretical twaddle” and illustrate that to have meaning, ideas -- be they religious, political or economic -- must be rooted in the real world.

Just Fill the Darn Potholes, We’ll Do the Rest: Caroline Baum

Let’s face it: U.S. presidents are hopelessly in love with the idea of a manufacturing renaissance and an export-driven economy.

Nobel Winners Saved Macroeconomics After Keynes

In the midst of great macroeconomic uncertainty, the Nobel Prize in Economics has been awarded to Thomas Sargent, of New York University, and Christopher Sims, of Princeton University, for work on “empirical macroeconomics.” Sargent and Sims are both superb scholars whose work has molded macroeconomics. They helped destroy the false certainty of an older Keynesian orthodoxy, and did their best to build more robust tools that shed light on public policy over the business cycle.

Buy New IPad. Flip Over. Understand U.S.-China Economics

Today is International Wait in Line for Your New iPad Day, an annual rite of spring for thousands of urban American hipsters and an official holiday in many regions of the Internet. It will not, however, be celebrated in China.

"Redistributing rents does not change true economic costs."

- David Ricardo on May 02, 2013

European Car Sales Fall to 20-Year Low Amid Unemployment

European Stocks Are Little Changed Before U.S. Data, Fed

Dollar Strengthens as Bunds Drop With Gilts on Fed

Most Asian Share Markets Advance Before Fed Meeting

Yen Weakens Against Dollar Before Fed Meeting; Aussie Declines